ENERGY FUELS INC UUUU
Energy Fuels Inc. is an Ontario corporation with its corporate offices located in Lakewood, Colorado (a city in the Denver metropolitan area). It was incorporated on June 24, 1987 in the Province of Alberta under the name "368408 Alberta Inc." In October 1987, 368408 Alberta Inc. changed its name to "Trevco Oil & Gas Ltd." In May 1990, Trevco Oil & Gas Ltd. changed its name to "Trev Corp." In August 1994, Trev Corp. changed its name to "Orogrande Resources Inc." In April 2001, Orogrande Resources Inc. changed its name to "Volcanic Metals Exploration Inc." On September 2, 2005, the Company was continued under the OBCA. On March 26, 2006, Volcanic Metals Exploration Inc. acquired 100% of the outstanding shares of "Energy Fuels Resources Corporation." On May 26, 2006, Volcanic Metals Exploration Inc. changed its name to "Energy Fuels Inc." On November 5, 2013, the Company amended its Articles of Incorporation to consolidate its issued and outstanding, freely tradable Common Shares on the basis of one post-consolidation Common Share for every 50 pre-consolidation Common Shares.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Uranium concentrates - Revenues, Uranium Concentrates
- Heavy mineral sands - Revenues, Heavy Mineral Sands
- Uranium concentrates - Revenues, Alternate Feed Materials
- Other
| Segment | FY2025 |
|---|---|
| Uranium concentrates - Revenues, Uranium Concentrates | $48.2M |
| Heavy mineral sands - Revenues, Heavy Mineral Sands | $15.8M |
| Uranium concentrates - Revenues, Alternate Feed Materials | $1.9M |
| Other | $0 |
As the company reported it, from the “REVENUE RECOGNITION AND CONTRACTS WITH CUSTOMERS - DISAGGREGATION OF REVENUE (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.9M | $78.1M | $37.9M | $12.5M | $3.2M | $1.7M | $5.9M | $31.7M | $31.0M | $54.6M |
| Cost of revenue | $52.2M | $55.9M | $18.2M | $7.8M | $1.8M | $0 | $3.9M | $14.8M | $19.4M | $35.5M |
| Gross profit | $13.8M | $22.2M | $19.7M | $4.7M | $1.4M | $1.7M | $1.9M | $17.0M | $11.6M | $19.1M |
| SG&A | $64.8M | $36.6M | $27.9M | $25.5M | $15.3M | $14.4M | $14.3M | $14.2M | $14.9M | $15.5M |
| Total operating expenses | $167.1M | $125.6M | $70.3M | $57.5M | — | — | — | — | — | — |
| Operating income | -$101.2M | -$47.5M | -$32.4M | -$44.9M | -$35.4M | -$24.6M | -$40.6M | -$21.3M | -$28.5M | -$38.8M |
| Interest expense | — | — | — | — | $54.0K | $952.0K | $1.5M | $1.7M | $2.1M | $2.3M |
| Pre-tax income | -$87.1M | -$48.2M | $100.0M | -$59.9M | $1.4M | -$27.9M | -$38.1M | -$25.4M | -$28.0M | -$39.9M |
| Income tax | $979.0K | $372.0K | $276.0K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$86.1K | -$47.8K | $99.8K | -$59.9K | $1.4K | -$27.9M | -$38.1M | -$25.4M | -$28.0M | -$39.9M |
| EPS, basic | -0.38 | -0.28 | 0.63 | -0.38 | 0.01 | -0.23 | -0.40 | — | — | — |
| EPS, diluted | -0.38 | -0.28 | 0.62 | -0.38 | 0.01 | -0.23 | -0.40 | -0.30 | -0.39 | -0.70 |
| Shares, diluted (wtd. avg.) | 224.7M | 172.0M | 160.2M | 157.3M | 149.7M | 121.2M | 0 | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $64.7M | $38.6M | $75.0M | $80.3M | $132.8M | $41.0M | $32.9M | $34.3M | $40.7M | $40.1M |
| Short-term investments | — | — | — | — | — | — | — | $25.6M | — | — |
| Receivables | $18.0M | $37.8M | $816.0K | $519.0K | $4.0M | $1.2M | $1.3M | $1.2M | $1.3M | — |
| Inventory | $73.5M | $66.5M | $40.7M | $40.6M | $32.1M | $28.9M | $24.0M | $18.3M | $16.6M | — |
| Total current assets | $958.7M | $230.2M | $232.7M | $135.6M | $149.3M | $52.5M | $43.2M | $60.9M | $43.2M | — |
| Property, plant and equipment | $69.8M | $55.2M | $26.1M | $12.7M | $22.0M | $23.6M | $26.2M | $29.8M | $33.1M | — |
| Other intangibles | $4.4M | $4.8M | $0 | — | — | — | — | $0 | $2.5M | — |
| Total assets | $1.41B | $612.0M | $401.9M | $273.9M | $315.4M | $183.2M | $175.7M | $196.8M | $185.3M | — |
| Accounts payable | $5.3M | $7.5M | $1.0M | $1.9M | $3.0M | $1.1M | $2.0M | $1.9M | $762.0K | — |
| Short-term debt | — | — | — | — | — | $0 | $16.9M | — | — | — |
| Total current liabilities | $31.2M | $59.3M | $10.4M | $18.6M | $6.1M | $12.3M | $22.6M | $8.9M | $9.9M | — |
| Long-term debt | $675.7M | — | — | — | — | — | — | $15.9M | $24.1M | — |
| Total liabilities | $729.3M | $80.3M | $22.7M | $29.5M | $19.9M | $25.7M | $45.1M | $51.9M | $58.1M | — |
| Retained earnings | -$489.7M | -$404.0M | -$356.3M | -$456.1M | -$396.3M | -$397.8M | -$370.0M | -$332.1M | -$309.3M | — |
| Total equity | $678.4M | $527.8M | $379.2M | $244.4M | $295.5M | $157.5M | $130.6M | $144.9M | $127.3M | $137.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$89.5M | -$44.0M | -$15.4M | -$49.7M | -$29.3M | -$32.2M | -$44.4M | -$7.8M | -$10.3M | -$12.0M |
| Depreciation and amortisation | $5.4M | $3.1M | $2.8M | $3.3M | $3.2M | $2.7M | $1.2M | $3.8M | $4.6M | $4.3M |
| Stock-based compensation | $12.6M | $5.4M | $4.6M | $4.6M | $2.2M | $2.6M | $3.8M | $2.8M | $3.5M | $2.7M |
| Capital expenditure | $19.3M | $22.2M | $15.4M | $2.0M | $1.4M | $627.0K | $0 | $107.0K | $0 | $260.0K |
| Investing cash flow | -$778.1M | -$13.3M | -$23.9M | -$7.1M | $3.2M | $3.6M | $22.6M | -$20.2M | $0 | $3.9M |
| Financing cash flow | $895.0M | $15.6M | $30.4M | $7.9M | $117.9M | $36.6M | $20.4M | $21.6M | $10.4M | $22.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001062993-26-002046.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $54.6M | $31.0M | $31.7M | $5.9M | $1.7M | $3.2M | $12.5M | $37.9M | $78.1M | $65.9M |
| Gross profit | $19.1M | $11.6M | $17.0M | $1.9M | $1.7M | $1.4M | $4.7M | $19.7M | $22.2M | $13.8M |
| Net income | -$39.9M | -$28.0M | -$25.4M | -$38.1M | -$27.9M | $1.4K | -$59.9K | $99.8K | -$47.8K | -$86.1K |
Recent filings and events
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Item 3.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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| LEU | CENTRUS ENERGY CORP | $2.04B | 26.3x | 1.5% |
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